Friday broker round-up
12th Jun 2020 15:09
(Sharecast News) - Countryside Properties: Berenberg reiterates buy with a target price of 360p.
Read moreWednesday broker round-up
10th Jun 2020 13:44
(Sharecast News) - UDG Healthcare: RBC Capital Markets downgrades to sector performer with a target price of 800p.
Read moreRBC Capital downgrades Ashtead after strong run
10th Jun 2020 13:02
(Sharecast News) - RBC Capital Markets downgraded its recommendation on shares of equipment rental company Ashtead to 'sector perform' from 'outperform', arguing it was time to take some profit after a strong run.
Read moreTuesday broker round-up
9th Jun 2020 13:49
(Sharecast News) - Biffa: Citigroup downgrades to sell with a target price of 210p.
Read moreLiberum upgrades Howden, downgrades HSS Hire and Ashtead
19th May 2020 14:54
(Sharecast News) - Liberum reviewed its ratings on a number of stocks in the building materials and equipment hire sectors on Tuesday, noting a preference for Howden and Travis Perkins.
Read moreTuesday broker round-up
28th Apr 2020 14:21
(Sharecast News) - Sainsbury: Berenberg downgrades to sell with a target price of 170p.
Read moreAshtead sees positive cashflow under Covid scenarios
27th Apr 2020 07:05
(Sharecast News) - Ashtead said it would have positive free cash flow under all downside scenarios during the Covid-19 crisis despite the virus having an impact on its business. The industrial equipment rental company said it had modelled various outcomes for the coming year with business much lower than so far in 2020. "Under all these scenarios the group remains free cash flow positive throughout the next financial year" and well above a minimum available liquidity of $460m under a covenant threshold. Ashtead said it expected underlying pretax profit for the year ending 30 April to be about £1.05bn, up from £947m a year earlier.
Read moreMonday broker round-up
6th Apr 2020 12:43
(Sharecast News) - Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.
Read moreTuesday broker round-up
3rd Mar 2020 12:46
(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.
Read moreUS performance underpins growth at Ashtead
3rd Mar 2020 07:22
(Sharecast News) - Ashtead reported a 13% improvement in revenue in its first three quarters on Tuesday, to ?3.93bn, as its rental revenue rose 12% to ?3.57bn.
Read moreMonday broker round-up
17th Feb 2020 13:05
(Sharecast News) - Hikma Pharmatheuticals: Citigroup downgrades to neutral with a target price of 1,980p.
Read moreTuesday broker round-up
21st Jan 2020 12:47
(Sharecast News) - Ricardo: Berenberg upgrades to hold with a target price of 770p.
Read moreMonday broker round-up
20th Jan 2020 13:17
(Sharecast News) - Avon Rubber: Berenberg downgrades to hold with a target price of 2,300p.
Read moreMorgan Stanley highlights 'underappreciated' opportunity at Ashtead
17th Jan 2020 16:22
(Sharecast News) - Analysts at Morgan Stanley upgraded Ashtead to 'overweight' on Friday, stating that data centres were an "overlooked structural growth opportunity" for US construction equipment rental.
Read moreWednesday broker round-up
8th Jan 2020 13:12
(Sharecast News) - Elementis: Jefferies downgrades to hold with a target price of 190p.
Read more